22.12.2014 - Mumtalakat bullish
Bahrain's sovereign wealth fund Mumtalakat has appetite and funds available for investment, its top official has said. Chief executive Mahmood Al Kooheji said he expects next year to be positive for the GCC region, Bahrain and the company which will build on continuing good performance of its portfolio companies. 'We continue to take a prudent approach to new investments and constantly monitor our assets and will consider new investments to expand the portfolio and monetisation initiatives if and when appropriate,' Mr Al Kooheji said. He said 'the independent holding company mandated with growing the wealth of Bahrain' would continue to look into 'local, regional and international investment opportunities that play to our points of strength..............................................Full Article: Source
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